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India index futures rise on long position build-up
MUMBAI, Jan 5 (Reuters) - India's benchmark stock index futures ended higher on Monday as they witnessed a build-up of long positions after co-ordinated moves by the central bank and the federal government last week to boost growth. |
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December closes out disastrous year for equity funds: Morningstar
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Equity funds in Canada had one of their worst years ever in 2008, as markets around the world braced for what could be a painful recession. |
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Rupee Has Weekly Loss as Funds Pare Holdings, India Cuts Rates
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Jan. 2 (Bloomberg) -- India’s rupee had a second weekly loss as overseas investors pared holdings of local equities. The currency dropped to a one-week low as data from the capital markets regulator showed funds based abroad sold more Indian stocks than they bought during eight of the 10 trading days ended Dec. 31. The central bank today cut interest rates for the fourth time in less than three ... |
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